No price hike for vehicles already imported by May 15: Deputy Minister (opens original article in a new tab)

Deputy Minister Dr. Anil Jayantha Fernando stated there will be no price increase for vehicles already imported by May 15, while the government imposed a temporary surcharge on vehicle imports to ease foreign exchange pressure.

• No price hike for vehicles imported by May 15, according to Deputy Minister Dr. Anil Jayantha Fernando.
• Government imposed temporary surcharge on vehicle import duties to ease foreign exchange pressure.
• 380 letters of credit opened on May 15 for 1,782 vehicles valued at $23.71 million.